Companion Loan Notes definition

Companion Loan Notes. As defined in the Preliminary Statement.
Companion Loan Notes. The portion of the Mortgage Loan evidenced by each Companion Loan Note is referred to herein as a “Companion Loan” and are collectively referred to herein as the “Companion Loans”. The Senior Trust Notes and the Companion Loan Notes are collectively referred to herein as the “Senior Notes” and, each as a “Senior Note”. On or prior to the Closing Date, GS Bank transferred its interests in GS Bank’s portion of the Trust Loan (including, without limitation, Note A-5 and Note B-2) to Gxxxxxx Sxxxx Mortgage Company (together with its successors in interest, “GSMC”). The Trust Loan was sold and assigned by CREFI, GSMC, BCREI and BMO Hxxxxx to the Depositor pursuant to: (i) in the case of the portion of the Trust Loan evidenced by Note A-4 and Note B-1, that certain Trust Loan Purchase Agreement, dated as of December 8, 2019 (the “CREFI Trust Loan Purchase Agreement”), by and between CREFI and the Depositor, (ii) in the case of the portion of the Trust Loan evidenced by Note A-5 and Note B-2, that certain Trust Loan Purchase Agreement, dated as of December 8, 2019 (the “GSMC Trust Loan Purchase Agreement”), by and between GSMC and the Depositor, (iii) in the case of the portion of the Trust Loan evidenced by Note A-6 and Note B-3, that certain Trust Loan Purchase Agreement, dated as of December 8, 2019 (the “BCREI Trust Loan Purchase Agreement”), by and between BCREI and the Depositor, and (iv) in the case of the portion of the Trust Loan evidenced by Note A-7 and Note B-4, that certain Trust Loan Purchase Agreement, dated as of December 8, 2019 (the “BMO Hxxxxx Trust Loan Purchase Agreement”), by and between BMO Hxxxxx and the Depositor. The CREFI Trust Loan Purchase Agreement, the GSMC Trust Loan Purchase Agreement, the BCREI Trust Loan Purchase Agreement and the BMO Hxxxxx Trust Loan Purchase Agreement are each referred to herein as a “Trust Loan Purchase Agreement” and, collectively, as the “Trust Loan Purchase Agreements”. The respective rights and obligations of the holders of the Notes are governed by the terms and provisions of that certain Agreement Between Noteholders, dated as of the Origination Date (as the same may hereafter be amended, restated, supplemented or otherwise modified, the “Co-Lender Agreement”), by and between CREFI, as initial holder of Note A-1-1, Note A-1-2, Note A-4 and Note B-1, GS Bank, as initial holder of Note A-2, Note A-5 and Note B-2, BCREI, as initial holder of Note A-0, Xxxx X-0 and Note B-3, and BMO Hxxxxx, as initial hold...

Examples of Companion Loan Notes in a sentence

  • The relative rights of the respective lenders in respect of the Mortgage Loan are set forth in a co-lender agreement dated as of December 10, 2021 (as amended, restated, supplemented or otherwise modified from time to time, the “Co-Lender Agreement”), among the holders of the Trust Notes and the holders of the Companion Loan Notes.

  • The Trust Loan Notes and the Companion Loan Notes are collectively referred to herein as the “Notes” and, each, as a “Note”.

  • Such sale, transfer and assignment further include all Loan Documents relating to the Mortgage Loan (other than the Companion Loan Notes).

  • All portions of the Loan File and (to the extent provided under the Trust Loan Purchase Agreement) other documents pertaining to the Trust Loan shall be endorsed or assigned to the extent necessary or appropriate to the purchaser of the Trust Loan in its capacity as the holder of the Trust Notes (as a result of such purchase, repurchase or substitution) and (except for the actual Trust Notes) on behalf of the holders of the Companion Loan Notes.

  • The Trust A Notes, the B Notes and the Companion Loan Notes are collectively referred to herein as the “Notes” and, each, as a “Note”.

  • The relative rights of the respective lenders in respect of the Whole Loan are set forth in a co-lender agreement dated as of December 2, 2016 (as amended, restated, supplemented or otherwise modified from time to time, the “Co-Lender Agreement”), between the holders of the Notes related to the Trust Loan and the holders of the Companion Loan Notes.

  • The ILPT Logistics Portfolio Mortgage Loan Notes and the ILPT Logistics Portfolio Senior Pari Passu Companion Loan Notes are, collectively, senior in right of payment to the ILPT Logistics Portfolio Junior Notes (to the extent described in this Term Sheet and Preliminary Prospectus).

  • ASM occurs in some of the most remote areas in the world and involves some of the world’s poorest people.

  • The relative rights of the respective lenders in respect of the Whole Loan are set forth in a co-lender agreement dated as of March 30, 2015 (as amended, restated, supplemented or otherwise modified from time to time, the “Co-Lender Agreement”), between the holders of the Trust Notes and the holders of the Companion Loan Notes.

  • The Senior Trust Note and the Companion Loan Note(s) are collectively referred to herein as the “Senior Notes” and each as a “Senior Note”.

Related to Companion Loan Notes

  • Companion Loan As defined in the Preliminary Statement.

  • Companion Loan Holder The holder of a Companion Loan.

  • Pari Passu Companion Loan A Companion Loan that, pursuant to the related Loan Documents and/or the related Co-Lender Agreement, is pari passu in right of payment to the related Split Mortgage Loan. The only Pari Passu Companion Loans related to the Trust as of the Closing Date are evidenced by the Notes identified in the Loan Combination Table under the column heading “Pari Passu Companion Loan(s),” each of which Notes evidences a separate Pari Passu Companion Loan.

  • REO Companion Loan Any Serviced Companion Loan if the related Mortgaged Property has become an REO Property.

  • Serviced Companion Loan Securities Any commercial mortgage-backed securities that evidence an interest in or are secured by the assets of an Other Securitization Trust, which assets include a Serviced Companion Loan (or a portion thereof or interest therein).

  • Serviced Pari Passu Companion Loan Holder A holder of a Serviced Pari Passu Companion Loan.

  • Serviced Pari Passu Companion Loan A Pari Passu Companion Loan that is part of a Serviced Loan Combination. With respect to each Servicing Shift Mortgage Loan and the related Servicing Shift Loan Combination, each related Pari Passu Companion Loan will cease to be a Serviced Pari Passu Companion Loan on and after the related Servicing Shift Date.

  • Subordinate Companion Loan A Companion Loan that, to the extent provided in the related Loan Documents and/or the related Co-Lender Agreement, is generally subordinate in right of payment to the related Split Mortgage Loan. The only Subordinate Companion Loans related to the Trust as of the Closing Date are evidenced by the Notes identified in the Loan Combination Table under the column heading “Subordinate Companion Loan(s),” each of which Notes evidences a separate Subordinate Companion Loan.

  • Whole Loan As defined in the Introductory Statement.

  • Serviced Companion Loan Holder The holder of a Serviced Companion Loan.

  • Note A-1 Securitization means the first sale by the Note A-1 Holder of all or a portion of Note A-1 to a depositor who will in turn include such portion of Note A-1 as part of the securitization of one or more mortgage loans.

  • Serviced Companion Loan A Companion Loan that is part of a Serviced Loan Combination. With respect to each Servicing Shift Mortgage Loan and the related Servicing Shift Loan Combination, each related Companion Loan will no longer be a Serviced Companion Loan on and after the related Servicing Shift Date.

  • Note A-2 Securitization means the first sale by the Note A-2 Holder of all or a portion of Note A-2 to a depositor who will in turn include such portion of Note A-2 as part of the securitization of one or more mortgage loans.

  • Whole Loan Custodial Account means the “Whole Loan Custodial Account” established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Note A-5 Securitization means the first sale by the Note A-5 Holder of all or a portion of Note A-5 to a depositor who will in turn include such portion of Note A-5 as part of the securitization of one or more mortgage loans.

  • Note A-7 Securitization means the first sale by the Note A-7 Holder of all or a portion of Note A-7 to a depositor who will in turn include such portion of Note A-7 as part of the securitization of one or more mortgage loans.

  • Note A-5 Securitization Date means the closing date of the Note A-5 Securitization.

  • Loan Combination shall include any successor REO Mortgage Loan and the related successor REO Companion Loan(s) (or the related deemed Companion Loan(s), if applicable)). The only Loan Combinations related to the Trust as of the Closing Date are identified in the Loan Combination Table.

  • Note A-1 Securitization Date means the closing date of the Note A-1 Securitization.

  • Note A-3 Securitization means the first sale by the Note A-3 Holder of all or a portion of Note A-3 to a depositor who will in turn include such portion of Note A-3 as part of the securitization of one or more mortgage loans.

  • Note A-2 Securitization Date means the closing date of the Note A-2 Securitization.

  • Companion Loan Holder Representative With respect to each Serviced Companion Loan, any representative appointed by the related Companion Loan Holder.

  • Serviced Loan Combination A Loan Combination that is being serviced pursuant to this Agreement. The only Serviced Loan Combinations related to the Trust as of the Closing Date are the Loan Combinations as to which “Serviced” is set forth in the Loan Combination Table under the column heading “Servicing Type,” together with any Servicing Shift Loan Combinations. A Servicing Shift Loan Combination will no longer be a Serviced Loan Combination on and after the related Servicing Shift Date.

  • Note A-6 Securitization means the first sale by the Note A-6 Holder of all or a portion of Note A-6 to a depositor who will in turn include such portion of Note A-6 as part of the securitization of one or more mortgage loans.

  • Note A-4 Securitization means the first sale by the Note A-4 Holder of all or a portion of Note A-4 to a depositor who will in turn include such portion of Note A-4 as part of the securitization of one or more mortgage loans.

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.